Global Expanded Polypropylene Foam Market

EPP is thetype of highly versatile, closed cell-bead foam which has a unique range of properties like multiple impact resistance, buoyancy, water resistance, energy absorption, multiple impact resistance, 100% recyclability and exceptional strength to weight ratio. Its main use lies in industrial packaging due its properties like flexibility in providing protection to complex shapes and cushioning ability. Based on density, it is primarily of two types- high and low density EPP grade. High density EPP grade displays property like reduced weight property, excellent strength etc. and hence used when energy management is a critical factor. Low energy EPP grades are mainly used for industrial packaging.

End-user/Technology

It is mainly used to manufacture door, floor, hood panels of automobiles. Also, it is increasingly used for protective and flexible packaging of delicate items like electronics, household appliances, food and beverages, and industrial equipment.

Market Dynamics

--> Growing demand for fuel efficient and light weight cars is a major driver for EPP foam market growth

--> Due to increasing concerns about environment and recyclable and light weight properties of EPP make it useful in aerospace, automotive and packaging industries

--> Due to its absorption and light weight properties, EPP is also increasingly used in crash prone parts of automobile

--> Application in heavy industrial packaging is expected to drive the growth of market for EPP

Market Segmentation

The global Expanded Polypropylene(EPP) Foam market can be segmented in terms of grades and application. On the basis of grades, it can be segmented into

--> High-density grade

--> Medium density grade

--> Low-density grade

On the basis of application, it can be segmented into

--> Automotive parts

--> Building and construction

--> Industrial packaging

--> Consumer products

Regional/Geographic Analysis

The market can be segmented into Latin America, North America, Eastern Europe, Western Europe, Asia Pacific and Middle East & Africa(MEA). North America holds the largest market share due to increased production of vehicles in the region. The Asia-Pacific market is expected to grow at an increasing rate due to increased manufacturing of premium and light-weight vehicles in Asian countries like India, China, and Korea. The European market is also growing at a steady rate due to theapplication of EPP foam in building and construction, and consumer products. Rising construction activities in MEA is also driving the demand for EPP. Latin America market is expected to grow at an increasing rate due to rising industrialization activities in the region.

Key Players

Some of the major players include DS Smith PLC, BFP, BASF SE, EFP, Hanwha Corporation, Sonoco Products Company, Automa Multi Styrene(Pty) Ltd., The Woodbridge Group and others.

Report Contents:

> Market segments

> Market Drivers, Restraints and Opportunities

> Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage